GREY:UEXCF - Post by User
Post by
PositionTradeon Jan 15, 2015 1:31am
177 Views
Post# 23321602
May be a buying time for UEX, however
May be a buying time for UEX, however got to know the junior miners' life-cycle, i.e. How can they cash in?
Two typical ways:
either sold out (through M&A etc.) the whole company (or a part of it);
or build a mine to sell their prouct. The first way you got money fast, the late is a long way until people can see your cash flow come in within a year.
UEX has difficulties to go either way and to survive it has to keep dilution for years! It has become CCO's slave. IMHO, that is why its mkt evaluation is so low.
Glad saying "see you late" to UEX 7 (or 8?) years ago, and may be time to see it again. But before that I need redo DD.